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$1,850,000

Beds
5
Baths
3.5
sq ft
5,754

117 N Cove Dr, Peachtree City, GA 30269

117 N Cove Dr

Peachtree City, GA 30269

  • 41 days on market
Rare opportunity in North Cove- the most sought-after address in Peachtree City! This one-of-a-kind Savannah-inspired home sits on a double lot, with sweeping wraparound porches overlooking greenspace and situated on a lush, tree-lined street with lantern-lit sidewalks. With a motorcourt and separate carriage garage, there are 8 total garage spaces - an unusual find perfect for the car enthusiast, or hobbyist. Inside, this custom showplace has been updated with the finest finishes with a floorplan equally accommodating easy living and entertaining. The true chef's kitchen has been thoughtfully renovated and designed with spacious storage island and bar seating, surrounded by double refrigerators, true commercial 48" range with warming rack, ample custom pot storage, a breakfast room and butler's pantry leading to spacious dining room. Kitchen opens to the vaulted great room with beamed ceiling, built in shelving and stone fireplace. The glass conservatory overlooking the gardens is a truly remarkable, special place! Relax with nature from every angle, or entertain guests with custom lighting and a built-in bar . A main-level owner's suite features built-ins and a surprise retractable Frame TV, plus a relaxing spa bath with soaking tub, separate vanities, designer tile shower, and walk-in closet. Half bath with state-of-the-art toilet/bidet. Upstairs are 2 additional bedrooms with individual vanities and shared bath, as well as a loft area with built-in shelving and bookcase for library or office space. From the main level, take the elevator to the completely finished terrace level, ideal for multi-generational living with a second suite. Finished with the same attention to detail as the main floor, the walk-out terrace offers a full 4th bedroom with full bath, plus an office with Murphy bed that could function as a 5th bedroom, and a living room with fireplace, dining room with built-ins and full 2nd kitchen that matches the primary kitchen. Unfinished storage abound in the terrace level, as well. Attached 2.5 car garage leading to motorcourt and 6 more garage bays. Currently 3 garage bays are finished out (true HVAC) as a studio and gym area - so many options for usable space whether a car enthusiast, or an artist. Three additional garage bays are cooled with a mini split. The property itself is a delightfully serene landscape - one side revealing a path of greenery, koi pond, private paver patio, and integrated swim spa surrounded by Trek decking, while seasonal views of Lake Kedron can be found from the side coffee porch. Over 80 landscape lights to showcase the property after sunset. Throughout the home experience heart pine flooring, louvered shutters, inset surround sound. All HVACs, water heater and roof recently replaced. North Cove offers a living experience for the pickiest buyer in a coveted lake community. On the North side of Peachtree City, enjoy easy access to I-85. McIntosh HS district. Easy golf cart to top Kedron-area restaurants and shopping.

Details

Property type

Single Family Residence

Est. home value

$1,552,122

Lot size

0.42 acres

Price per sq ft

$322

Year built

2001

Annual property taxes

$15,698.18

Monthly HOA fee

$166.67

Price History

08/09/2024
GeorgiaMLS

GeorgiaMLS #10353807

Listed
$1,850,000
+70.51%
10/29/2021
FMLS

FMLS #6922897

Sold
$1,085,000

Schools & Community

Elementary school: 

Crabapple

Middle school: 

Booth

High school: 

Mcintosh

Community features: 

Lake, Park, Sidewalks, Street Lights

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$887,794
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$814,206
Cash to seller
$887,794

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Regions Bank

Loan start date

October 2021

Original loan amount

$868,000

Est. remaining balance

$814,206

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

David Lester Benavent and Guadalupe Isanitel Benavent

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 6:00 PM

Listing updated: 08/23/2024 at 1:11 AM

Listed by: Matthew Dalke, Keller Williams Realty Atl. Partners

MLS: GeorgiaMLS #10353807

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